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ALDOR Announces Updates to My Alabama Taxes

September 20, 2021

Taxpayer web portal gets new look, user-friendly design
IRS resources to help small business employers understand and meet their tax responsibilities

September 14, 2021

Due to the COVID-19 pandemic, new legislation was enacted to aid not only struggling business owners, but also individuals. Employers have direct access to people who may be eligible for advance Child Tax Credit payments. The IRS is asking employers to help spread the word about these payments during National Small Business Week.
IRS recognizes Small Business Week: Resources available to help employers

September 13, 2021

Small businesses play a pivotal role in our nation's economy. The IRS has a variety of resources available to help employers meet their tax responsibilities as well as help their employees.
Tax relief now available to victims of Hurricane Ida; Oct. 15 deadline, other dates extended to Jan. 3

August 31, 2021

Victims of Hurricane Ida that began on Aug. 26 now have until Jan. 3, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
September is National Preparedness Month; IRS urges taxpayers to prepare for natural disasters

August 30, 2021

September is National Preparedness Month. With the height of hurricane season fast approaching and the ongoing threat of wildfires in some parts of the country, the Internal Revenue Service reminds everyone to develop an emergency preparedness plan. All taxpayers, from individuals to organizations and businesses, should take time now to create or update their emergency plans.
EXECUTIVE ORDER – Temporary Suspension of International Registration Plan (IRP) and International Fuel Tax Agreement (IFTA)(Hurricane Ida)

August 30, 2021
Common questions about the advance child tax credit payments

August 11, 2021

The advance child tax credit allows qualifying families to receive early payments of the tax credit many people may claim on their 2021 tax return during the 2022 tax filing season. The IRS will disburse these advance payments monthly through December 2021. Here some details to help people better understand these payments.
Treasury, IRS provide gross receipts safe harbor for employers claiming the Employee Retention Credit

August 10, 2021

The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) today issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Retention Credit (ERC).
IRS provides relief for certain employers claiming the Work Opportunity Tax Credit

August 10, 2021

The Internal Revenue Service today announced it is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC). The WOTC is a federal income tax credit available to employers that hire certified members of certain groups specified in the Internal Revenue Code who face significant barriers to employment, including Designated Community Residents or Qualified Summer Youth Employees.
Treasury, IRS provide additional guidance to employers claiming the employee retention credit, including for the third and fourth quarters of 2021

August 5, 2021

Notice 2021-49 addresses changes made by the American Rescue Plan Act of 2021 (ARP) to the employee retention credit that are applicable to the third and fourth quarters of 2021.